4951 S Biscayne Dr
North Port, FL 34287
List Price
$175,000
$10K
Initial Investment
$47,688Purchase Price
$175,000
Down Payment
25%
Rent
$1,570
Total Return
$117,688
Annualized Return
29.3%
Cap Rate
6.7%
Gross Yield
10.8%
Cash Flow
$1,532
Appreciation
10.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,419
HOA
None
Flood Risk
Not Required
Move in ready 2 bedroom 1 bath home located on a corner lot. This home has an open living room dining combination and features an enclosed lanai off the living room. Fresh paint throughout and lots of natural light! There is also a full laundry area with exterior access.
This home is in a prime location with easy access to US41 and less than 30 minutes to neighboring areas of Punta Gorda, Englewood & Venice!
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$17,898Expenses
-$3,502Property Taxes
-$3,350Loan Payments
-$9,514Net Cash Flow
$1,532See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Eric Emmerling
Agent License 3549281
EXP REALTY LLC
Agent License 3549281
EXP REALTY LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490383
Last Updated: 04/20/2024 03:04
MLS #C7490383
Last Updated: 04/20/2024 03:04